Trinseo (TSE) Expected to Announce Earnings on Wednesday

Trinseo (NYSE:TSE) is expected to announce its earnings results after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of ($2.30) per share and revenue of $803.09 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Trinseo Stock Performance

Shares of NYSE TSE opened at $4.38 on Wednesday. The stock has a 50 day moving average price of $4.73 and a 200 day moving average price of $4.36. The stock has a market capitalization of $155.19 million, a PE ratio of -0.31 and a beta of 1.54. Trinseo has a 52 week low of $1.93 and a 52 week high of $7.05.

Trinseo Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Friday, January 10th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.91%. The ex-dividend date was Friday, January 10th. Trinseo’s payout ratio is presently -0.28%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Trinseo from a “sell” rating to a “hold” rating in a research note on Thursday, October 10th.

About Trinseo

Trinseo PLC operates as a specialty material solutions provider in the United States, Europe, the Asia-Pacific, and internationally. It operates through five segments: Engineered Materials, Latex Binders, Plastics Solutions, Polystyrene, and Americas Styrenics. The Engineered Materials segment offers rigid thermoplastic compounds and blends, soft thermoplastic, continuous cast, cell cast, activated methyl methacrylates (MMA), PMMA resins, and extruded PMMA sheets and resins for consumer electronics, medical, footwear, automotive, and building and construction applications under the EMERGE, CALIBRE, PLEXIGLAS, ALTUGLAS, ACRYSPA, AVONITE, STUDIO, MEGOL, APILON, APIGO, and APINAT brands.